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Cost and fair value data for the trading debt securities of Sandhill Company at December 31, 2027, are [tex]$54,500 and $[/tex]52,050
respectively.
Show the financial statement presentation of the trading securities and related accounts.
SANDHILL COMPANY
Balance Sheet (Partial)
December 31, 2027
P: [tex]$
SANDHILL COMPANY
Income Statement (Partial)
EA
$[/tex]



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